A Look Back At The Markets In April And Ahead To May 2020
Posted by Gulish & Associates, Inc. on Fri, 05/08/2020 - 13:00
This week our CIO, Brad McMillan, shared his blog looking back at April and ahead to May. He also released a video sharing his market thoughts for this month which we included at the bottom of this blog. We hope you find this helpful in staying informed about everything going on in the economy. The best of times. April was the month that stock markets rallied after an unprecedented drawdown.
Retirement Account 2020 Rules Changes
Posted by Gulish & Associates, Inc. on Wed, 04/29/2020 - 09:30
For many Americans, the novel coronavirus (COVID-19) pandemic has resulted in an immediate need for funds that can provide financial stability. In response, lawmakers have lessened financial burdens through stimulus legislation that includes several temporary rule changes to retirement account withdrawals.
Coronavirus Update - April 24, 2020
Posted by Gulish & Associates, Inc. on Fri, 04/24/2020 - 15:30
Today, we want to share with you another update from Commonwealth's CIO, Brad McMillan. We’ve seen significant progress in terms of the virus, with the daily case growth rate dropping below 4 percent for several days in a row.
Coronavirus Update - April 17, 2020
Posted by Gulish & Associates, Inc. on Fri, 04/17/2020 - 16:20
Today, we want to share with you another update from Commonwealth's CIO, Brad McMillan. In today's video, Brad provides an update on the coronavirus crisis, including its effects on the economy and markets.
Posted by Gulish & Associates, Inc. on Tue, 03/31/2020 - 15:50
On Friday, Commonwealth's CIO provided an update on the coronavirus crisis, including how it has affected the economy and financial markets thus far. While case counts have gone up, the growth rate (a better indicator) has started to trend down in the U.S.
Congress Steps Up for the Economy
Posted by Gulish & Associates, Inc. on Thu, 03/26/2020 - 12:45
The Fed stepped up early and hard for the coronavirus crisis. It cut interest rates essentially to zero. It eased restrictions on banks to enable faster and more business lending. Plus, the Fed has taken unlimited measures to support the financial system as a whole, restarting programs from the last crisis to purchase bonds and inject money into the system.
The 2020 Stock Market Volatility
Posted by Gulish & Associates, Inc. on Tue, 03/10/2020 - 11:25
In early March, we saw markets drop worldwide. In fact, the 7.5 percent decline on March 9—which, coincidentally, happens to be the 11th anniversary of the bull market—was the largest since 2008. With a total decline of almost 19 percent, in less than a month, this certainly looks like a crash—doesn’t it?
The Coronavirus and Your Investments
Posted by Gulish & Associates, Inc. on Mon, 03/02/2020 - 09:40
Last week was one of the worst in history for the stock market. With the Dow and S&P 500 now down more than 15 percent from recent highs (of only weeks ago!), fears are rising that this pullback might be the precursor to another crisis.
How Should Investors React to the Coronavirus?
Posted by Gulish & Associates, Inc. on Wed, 02/26/2020 - 15:15
It is now clear that the coronavirus has escaped the attempted containment by Chinese authorities and has spread around the world. According to the World Health Organization, there are 79,331 confirmed cases, of which 77,262 are in China and 2,069 are outside of China (as of February 24, 2020).
2020 Outlook: Continued Growth or Recession?
Posted by Gulish & Associates, Inc. on Wed, 01/08/2020 - 14:55
As we made our way through 2019, signs of softening economic conditions became increasingly apparent, even while consumer confidence remained high and job growth came in better than expected.